this post was submitted on 21 Dec 2023
715 points (100.0% liked)
196
16552 readers
1720 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Disclaimer: I own Paramount stock, and worked at Paramount for a time.
Disclaimer 2: It is sadly non-voting common stock because fuck this fucking timeline.
I can think of nothing worse for the common good than having YET ANOTHER ENTERTAINMENT MERGER. I AM IN CONTINUOUS ANGUISH. STOP IT.
Their defense will be that they need to merge to be able to compete against Disney. The sad thing is they're probably right. Even post merger their market cap will be less than 1/4 of Disney's market cap.
Really, we need to destroy Disney.